The Boiler Room Blog

Advice on commercial water heater selection, maintenance and safety issues for businesses that rely on a steady supply of hot water.

sell my restaurant

Preparing to Sell Your Restaurant – What You Should Know

The decision to sell your restaurant isn’t likely to happen on a whim. It takes careful planning, as well as time to get your affairs in order.

Every restaurant owner thinks about selling at one time or another. But even if your restaurant is a red hot success and buyers are lined up at the door, figuring out how to sell a restaurant isn’t as simple as selling a home or a car. It often takes several months to make a sale, and it can pay to start preparing a full year in advance. Understanding how to sell a restaurant is about more than just having your paperwork in order and upgrading a few appliances. It takes marketing savvy, knowledge of your business and sometimes even professional help to get your restaurant in shape to sell and fetch a price that will make you happy.

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low cost rental property improvements

Low Cost Ways to Improve Your Rental Property

Until the time is right to put some big money back into your rental property, you can improve the look and feel of the building by making small, inexpensive enhancements.

Rental property improvements are never a bad idea. An updated look often lures in new tenants, while current tenants appreciate seeing maintenance staff around fixing pieces in public areas. The challenge of property improvements is mostly cost. The time spent fixing something up plus the cost of the materials can really cut into a budget if not properly considered. On the other hand, it’s possible to recoup some serious revenue if those improvements lead to great tenants who stick around for the long-term. Let’s take a look at more than 10 great ways to spruce up a rental property for prospective tenants.

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housekeeping tips

Housekeeping: Overlooked Tasks When Cleaning Guest Rooms

Your housekeeping staff works hard to ensure the best experience for your guests.

Humans are a messy species. Your housekeeping staff likely has some fascinating anecdotes about the strange things left behind by guests at your hotel. They should have a checklist of all the common things they need to do after a guest checks out, like change the bedding and towels. But there are a lot of other small things that should be considered while your staff is in the room. These small tasks can add up to big savings by keeping guests happy and avoiding the hassle of switching rooms or offering refunds should the guest find something amiss.

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sustainable brewing

Craft Breweries are Going Green with Sustainable Brewing

Craft breweries can embrace sustainable brewing and take steps toward going green…

In an age where water rights are contested and droughts are increasingly common, craft breweries can stand apart from their industrial competitors by taking advantage of newer, environmentally friendly trends. Not only do customers want the unique brews that only craft brewers provide, they want to buy products that make them feel good about supporting an environmentally responsible company.

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clean hotel room

Eco-Friendly Ways to Keep Bedbugs Out Of Your Hotel

Good hotels should have a pest control and prevention plan in place. Learn more…

Good hotels should have a pest control and prevention plan in place. Unfortunately, threats evolve, and one of the largest threats to hotels in recent years is bedbugs. Beyond the itching and the bite marks, these pests can follow your customers home and continue to cause problems long after their stay in your establishment. Nothing can sink your reputation faster than an outbreak of bedbugs, but the chemical pesticides and other methods used by many pest control companies offer solutions that are often as bad as the original problem. Seeking out green pest control companies can help the problem, but before you do, take some time to prevent bedbugs from taking hold in your hotel.

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hotel competition

Prepare for Competition: How to Survive When New Hotels Come to Town

We have a few tips for how established hotels can stay ahead of new hotel competition.

There will always be new competition for your clientele. Whether your hotel exists in a tourist town, near an airport or other public transportation, or in a drive-through city that resides along the route of a popular road trip, your hotel can’t rest on its laurels for long. Newcomers always challenge decade-long-standing hotels—all thanks to novelty. Hotels with a few years under their belts can do a few things to push back against new hotel competition and fight to stay on top of the market.

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studio apartments

Marketing Small Spaces: Making Studio Apartments Appealing

Turn hard-to-sell apartments into high-demand property with some simple and efficient marketing tips.

Studio apartments are one of the most challenging units for property owners to sell. Finding the right balance between affordability and profitability makes finding tenants difficult. If the space is marketed correctly, the pool of potential renters opens up significantly. Proper marketing requires capitalizing on what makes a product appealing. Small spaces have their appeal to the right market, plus they can be upgraded by smart owners. All it takes are a few moments in the shoes of the type of renter who is looking for a small space to call their own.

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hotel housekeeping costs

How to Reduce Housekeeping and Laundry Expenses

Cutting costs should never mean cutting quality, especially when it comes to housekeeping.

Smart companies seek ways to cut costs across the board. Keeping an eye on overhead is rarely a bad idea. Plenty of costs can sneak up on hotel owners. Food costs, energy costs and staff costs squeeze profit margins daily, even if your hotel runs in tourist seasons. Many hotels big and small are looking into green initiatives to save money and increase guest awareness. Another option is doing the math on housekeeping and laundry expenses. An hour or two with a spreadsheet and a search engine can help owners figure out how to get the most for their money.

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senior housing

Current Research Suggests Future Lack of Housing For Seniors

How do we keep up with senior living trends to meet the demands for housing in the growing senior community?

Over 75 million people were born during the Baby Boom—the post World War II generation that stretches from 1946 through 1964. Many Baby Boomers are already starting to look into their options for assisted healthcare, and many more will be within the next decade. More potential customers means that healthcare centers that act now can prepare to capitalize on the rise in eligible customers. A recent study suggests that, very soon, demand for senior housing will severely exceed the supply.

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rental property improvement tips

Property Improvements to Attract New & Improved Tenants

The ideal tenant is within reach. Making some improvements to a property is a worth-while investment.

Members of Generation X and Millennials are the fastest growing segment of the rental market and many of them don’t seem to be on board with the “American Dream” of moving out of the city to a nice house in the ‘burbs. Whether it’s because they can’t due to rising student and credit card debt or won’t because they enjoy the amenities that rental properties provide, property owners need to stay on top of the trends. The apartments that provide the services renters want will be the ones who have great tenants who stay on for longer.

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